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Initial Public Offering (IPO) Stories

Asian Stories

Initial Public Offering (IPO) stories

Carousell reaches EBITDA profit as it bets on reCommerce
Artificial Intelligence

Carousell reaches EBITDA profit as it bets on reCommerce

EBITDA profitability gives Carousell room to expand secondhand services and AI tools, after revenue rose 18% to USD $140 million last year.

By Mark Tarre • 5 min read • Last week
Taiwan market value tops USD $5 trillion on AI demand
Semiconductors

Taiwan market value tops USD $5 trillion on AI demand

Foreign investors are helping drive Taiwan's stock market to record size as chip and AI shares account for more than four-fifths of value.

By Sean Mitchell • 3 min read • Last month

Global Stories

Initial Public Offering (IPO) stories

Keeper Security hits USD $225 million ARR on AI identity
Software-as-a-Service

Keeper Security hits USD $225 million ARR on AI identity

Growing demand for unified controls over human and machine credentials has lifted the cyber security group past USD $225 million in annual recurring revenue.

By Mark Tarre • 3 min read • Last week
AI is rewriting the rules of dealmaking
Software-as-a-Service

AI is rewriting the rules of dealmaking

Deal teams are using generative AI to cut review times and surface risks in seconds, but trust and traceability remain critical.

By Justin Smith • 4 min read • Last week
Forrester warns OpenAI IPO & US stake cloud outlook
Data Protection

Forrester warns OpenAI IPO & US stake cloud outlook

Forrester says investors and buyers could face new risks and disclosures as OpenAI and Anthropic move towards listings and Washington weighs equity.

By Sofiah Nichole Salivio • 5 min read • Last week
Global intelligent eyewear shipments jump 83% in Q1
Wearables

Global intelligent eyewear shipments jump 83% in Q1

Momentum is shifting to lighter wearables as VR headset shipments fell 17% and rising memory costs squeeze profit margins across the sector.

By Sean Mitchell • 4 min read • Last month
Hancock takes stake in SpaceX IPO as Rinehart backs Musk
Semiconductors

Hancock takes stake in SpaceX IPO as Rinehart backs Musk

The mining group's move broadens its portfolio beyond resources and gives it exposure to a closely watched US technology listing.

By Sofiah Nichole Salivio • 5 min read • Last month
Cellares adds USD $50m from Prime Radiant to Series D
Initial Public Offering

Cellares adds USD $50m from Prime Radiant to Series D

The cash will help Cellares build out its European factory network for cell therapies as it eyes commercial-scale operations and a 2027 IPO.

By Sean Mitchell • 4 min read • Last month
Elon Musk sells the future, not the product. Founders should copy the craft and fear the rest
Artificial Intelligence

Elon Musk sells the future, not the product. Founders should copy the craft and fear the rest

Investors are paying a premium for Elon Musk's narrative, even as Tesla's brand suffers and his empire's risks are shifted onto a single float.

By Dwayne Alexander • 9 min read • Last month
inDrive names Abhey Lamba as Chief Financial Officer
Cisco

inDrive names Abhey Lamba as Chief Financial Officer

As inDrive expands beyond ride-hailing, the new Chief Financial Officer will steer finance after gross bookings rose 30% to USD $6.4 billion.

By Sofiah Nichole Salivio • 4 min read • Last month
OpenPayd to go public in USD $1.145 billion SPAC deal
Crypto

OpenPayd to go public in USD $1.145 billion SPAC deal

The merger could give OpenPayd up to USD $276 million to fund US expansion and product work as it prepares a Nasdaq listing.

By Karen Joy Bacudo • 4 min read • Last month
Europe startups still rely on US cloud & AI giants
Artificial Intelligence

Europe startups still rely on US cloud & AI giants

A new survey suggests Europe's startups still depend on US cloud and AI providers, as capital gaps and acquisition hopes persist.

By Joseph Gabriel Lagonsin • 5 min read • Last month

Stories from Other Regions

Initial Public Offering (IPO) stories

Meta invests USD $1 billion in CRED as Shah steps back
Data Protection

Meta invests USD $1 billion in CRED as Shah steps back

The Indian fintech group is poised to use fresh capital and a new interim chief executive officer as it prepares for a possible public listing.

By Karen Joy Bacudo • 4 min read • Last month
Figure buys Kiavi in USD $717 million blockchain deal
Fintech

Figure buys Kiavi in USD $717 million blockchain deal

The deal will add more than USD $7 billion a year in first-lien volume and strengthen Figure's push into blockchain-based lending.

By Karen Joy Bacudo • 4 min read • Last month
UK retail investors top up accounts ahead of SpaceX
Gaming

UK retail investors top up accounts ahead of SpaceX

UK retail traders are boosting account balances as a rare large retail allocation in the SpaceX float spurs early buying interest.

By Karen Joy Bacudo • 4 min read • Last month
Scaleup launches AUD $25m fourth media-for-equity fund
Fintech

Scaleup launches AUD $25m fourth media-for-equity fund

Australian consumer startups can now tap fresh advertising stock instead of cash, as Scaleup Mediafund deploys its fourth AUD $25 million vehicle.

By Mark Tarre • 3 min read • Last month
Microsoft UK veteran joins Tramlines Ventures as MD
Software-as-a-Service

Microsoft UK veteran joins Tramlines Ventures as MD

Fresh funding is enabling the London firm to hire senior figures and target 30 AI-native services companies over the next three years.

By Sofiah Nichole Salivio • 4 min read • Last month